# ElevenLabs — AI voice synthesis, dubbing, and conversational agents.

ElevenLabs builds AI audio models for lifelike speech synthesis, voice cloning, and multilingual dubbing, delivered through a developer platform, consumer apps, and an enterprise voice-agent stack.

Founded

2022

Headquarters

London, United Kingdom

Category

Foundational AI, Developer Tools, Enterprise

Legal name

ElevenLabs Inc.

Legal domicile

United States

ElevenLabs’s legal entity is domiciled in United States, outside Europe — which is a bit uncool.

## Highlights

Notable milestones from ElevenLabs’s journey — funding rounds, launches, and other moments worth knowing.

Partnership - Jun 2026

### SynthID watermarks make ElevenLabs audio publicly detectable

ElevenLabs partnered with Google DeepMind to embed SynthID watermarks into generated audio, starting with free Text to Speech users before expanding across all audio generations. The company paired the rollout with a free Audio Detector, making attribution a repeatable provenance check instead of a guess by ear.

**The detector checks for SynthID watermarks embedded directly into ElevenLabs-generated audio.**

[Source](https://elevenlabs.io/blog/synthid)

Expansion - Jun 2026

### 173 planned California hires deepen the US footprint

ElevenLabs committed to hiring 173 people across California in research, engineering, sales and other roles, backed by a California Competes Tax Credit award. The expansion made San Francisco and Los Angeles its primary California hubs while adding state-level work on public-service accessibility and AI-safety efforts.

[Source](https://elevenlabs.io/blog/expanding-in-california)

Funding - Jun 2026

### Poland takes a stake and launches AI Lab Poland

The Polish government invested in ElevenLabs through Vinci, part of BGK Group, joining investors such as Andreessen Horowitz, Sequoia, and ICONIQ. The company paired the stake with AI Lab Poland, a joint initiative to connect capital, technology, science, and Polish AI talent with partners including Centrum e-Zdrowia, LOT Polish Airlines, InPost, and the University of Warsaw.

Round

Government Investment

Led by

Vinci, BGK Group

[Source](https://elevenlabs.io/blog/poland-invests-in-elevenlabs)

Partnership - Jun 2026

### UK Government MoU brings voice AI into public services

ElevenLabs signed a memorandum of understanding with the UK's Department for Science, Innovation and Technology to explore voice AI for public-service accessibility, extend AI security research, and support voice-and-audio AI talent. Alongside the deal, it committed to a new London headquarters three times larger than its old office and to doubling UK headcount to 200.

[Source](https://elevenlabs.io/blog/uk-mou-and-expansion)

Milestone - May 2026

### $500M ARR as enterprise voice agents take over the mix

ElevenLabs said annual recurring revenue crossed $500M in the first four months of 2026, less than a year after it reported $330M for all of 2025. The growth came alongside a third close of its Series D and was driven by enterprise deployment of voice agents across support, sales, hiring and marketing.

[Source](https://economictimes.indiatimes.com/tech/funding/voice-ai-firm-elevenlabs-tops-500-million-arr-announces-additional-funding/articleshow/130833329.cms)

Funding - Feb 2026

### $500M Series D at an $11B valuation, with an IPO in view

Sequoia Capital led a $500M round that more than tripled the valuation to $11B, with Andreessen Horowitz and ICONIQ doubling down and Nvidia among backers. It took total funding past $780M as ElevenLabs leaned into enterprise voice agents and signaled an eventual IPO.

Round

Series D

Raised

$500M

Valuation

$11B

Led by

Sequoia Capital

**The February 2026 raise that valued the voice-AI company at $11B.**

[Source](https://elevenlabs.io/blog/series-d)

Funding - Jan 2025

### $180M Series C at a $3.3B valuation

Andreessen Horowitz and ICONIQ Growth co-led a $180M round that tripled the valuation to $3.3B in a year, with NEA, Sequoia and Salesforce Ventures joining — funding the push into dubbing studios, audiobooks, and voice agents.

Round

Series C

Raised

$180M

Valuation

$3.3B

Led by

Andreessen Horowitz, ICONIQ

**The team behind the $3.3B company, gathered for a company-wide retreat.**

[Source](https://elevenlabs.io/blog/series-c)

Launch - Nov 2024

### Conversational AI turns voices into agents

ElevenLabs opened a developer platform for building low-latency voice agents — stitching speech-to-text, an LLM, and its own voices into interactive bots for support, sales, and phone lines. It became the company's enterprise growth engine.

**ElevenAgents grew into the company's enterprise platform for voice and conversational AI.**

[Source](https://techcrunch.com/2024/11/18/elevenlabs-now-offers-ability-to-build-conversational-ai-agents/)

Funding - Jan 2024

### $80M Series B mints a unicorn

Andreessen Horowitz led an $80M round that vaulted the valuation past $1.1B — a more than tenfold jump in seven months — with Sequoia, Nat Friedman and Daniel Gross joining as the voice-AI race accelerated.

Round

Series B

Raised

$80M

Valuation

$1.1B

Led by

Andreessen Horowitz

[Source](https://tech.eu/2024/01/22/andreessen-horowitz-backed-elevenlabs-raises-80m-series-b-for-voice-ai-development/)

Launch - Oct 2023

### AI Dubbing translates a video into 20+ languages — in your own voice

The dubbing tool re-voiced any video or audio across more than 20 languages while preserving the original speaker's voice, tone, and timing — aiming squarely at the cost and latency of human dubbing studios.

[Source](https://venturebeat.com/ai/elevenlabs-introduces-ai-dubbing-translating-video-and-audio-into-20-languages)

Funding - Jun 2023

### $19M Series A to scale generative voice

Months after launch, Andreessen Horowitz, Nat Friedman and Daniel Gross co-led a $19M round at roughly a $100M valuation, backing the platform and its new AI Speech Classifier for detecting cloned audio.

Round

Series A

Raised

$19M

Valuation

$100M

Led by

Andreessen Horowitz, Nat Friedman, Daniel Gross

[Source](https://elevenlabs.io/blog/elevenlabs-launches-new-generative-voice-ai-products-and-announces-19m-series-a-round-led-by-nat-friedman-daniel-gross-and-andreessen-horowitz)

Launch - Jan 2023

### Voice cloning goes viral — and instantly controversial

The beta platform let anyone clone a voice from a short sample. It went viral within days; just as quickly, 4chan users cloned celebrities saying vile things, forcing ElevenLabs into an early, public reckoning with voice-AI safeguards.

[Source](https://elevenlabs.io/blog/elevenlabs-launches-new-generative-voice-ai-products-and-announces-19m-series-a-round-led-by-nat-friedman-daniel-gross-and-andreessen-horowitz)

Team - Jan 2022

### Two friends from Poland set out to fix bad dubbing

Mati Staniszewski (ex-Palantir) and Piotr Dąbkowski (ex-Google ML engineer), who grew up together in Poland, founded ElevenLabs after years of watching American films butchered by lifeless dubbing — betting they could make synthetic speech sound genuinely human.

[Source](https://elevenlabs.io/blog/london-office-opening)